Contingent Cargo

Contingent Cargo Insurance serves as a crucial safety net for a Freight Broker.  This coverage will step in, in an event that, after all necessary due diligence, the coverage of the motor carrier fails to respond due to cancellation or misrepresentation.

While Freight Brokers are not under any legal obligation to carry contingent cargo insurance, in most cases, there are significant reasons freight brokers need this coverage.  Firstly, for their reputation.  Businesses want to partner with other businesses that will protect their interests. And secondly, carriers expect freight brokers they work with to carry it.  A freight broker who does not have contingent cargo may have a difficult time finding carriers willing to work with them.

Allow American Truck Insurance to assist you with securing your Freight Broker insurance needs.